I think you are half right. If you look at course of sales there were some very large trades right at the start of the day. One at 10.04 - 79K for $888K in one trade - definitely a sell as 3 cents below other trades.
Given the predictable broker downgrades aside fro Citi, I think the insto's placed sell orders for start of day and then slowly the slack has been picked up by retail investors.
All borkers advising get out of regionals I can see. Sorry to labour this but where is the upside here - and I take the point made re divs but stocks just don't go sideways - they drift down until they find support and BOQ will only get that when it is as a reasonable discount to the majors
Go BOQ Go!!, page-105
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Last
$6.67 |
Change
0.040(0.60%) |
Mkt cap ! $4.412B | |||
| Open | High | Low | Value | Volume |
| $6.64 | $6.67 | $6.59 | $9.383M | 1.410M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 974 | $6.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.67 | 40649 | 4 |
View Market Depth
| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| BOQ (ASX) Chart |